Market Valuation and Growth Projection:
The global Power Semiconductor Test System market was valued at US$ 280 million in 2022 and is projected to reach US$ 506 million by 2029. The market is expected to witness a substantial CAGR of 10.57% during the forecast period 2023-2029
North American Market:
Value Increase: The North American market for Power Semiconductor Test System is estimated to increase from $14.8 million in 2023 to $24.18 million by 2029. CAGR in North America: Anticipated CAGR of 8.45% during the forecast period 2023 through 2029.
Chinese Market:
Value Growth: The Chinese market for Power Semiconductor Test System is valued at $82.3 million in 2023, expected to reach $172.8 million by 2029. CAGR in China: A significant CAGR of 13.84% is forecasted during the period 2023 through 2029.
European Market:
Value Projection: The European market for Power Semiconductor Test System is valued at $113.9 million in 2023 and is anticipated to reach $199.2 million by 2029. CAGR in Europe: The forecasted CAGR for Europe is 9.31% during the period 2023 through 2029.
Japanese Market:
Value Change: The Japanese market for Power Semiconductor Test System is valued at $38.5 million in 2023, projected to reach $56.4 million by 2029. CAGR in Japan: An estimated CAGR of 7.6% is expected during the forecast period 2023 through 2029.
A Power Semiconductor Device is a Semiconductor Device That is Used As a Switch or Rectifier in Power Electronics. Such Devices Are Also Referred to As Power Devices Or, when Used in Integrated Circuits, As Power IC. Power Semiconductor Test Systems Verify the Correct Operation of Devices Under Real Operating Conditions Through Complete and Accurate Dynamic Testing, Static Testing the Test Sequences Are Performed in a Variety of Ways to Ensure the Quality and Reliability of Each Device. All Functions Are Concentrated in a High-throughput, Modular and Configurable Tester Designed for Large-scale Production Environments.
Key Players: The major global manufacturers include Teradyne (Lemsys), PowerTECH Co., Ltd., Advantest (CREA), Hitachi Energy, TESEC Corporation, and Shandong Prime-rel Electronic Technology. Revenue Concentration: In 2022, the top six vendors, including Teradyne (Lemsys), PowerTECH Co., Ltd., Advantest (CREA), Hitachi Energy, TESEC Corporation, and Shandong Prime-rel Electronic Technology, accounted for approximately 54% of the revenue.
This report aims to provide a comprehensive presentation of the global market for Power Semiconductor Test Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Power Semiconductor Test Systems. This report contains market size and forecasts of Power Semiconductor Test Systems in global, including the following market information:
- Global Power Semiconductor Test Systems Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Power Semiconductor Test Systems Market Sales, 2018-2023, 2024-2032, (Units)
- Global top five Power Semiconductor Test Systems companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Dynamic Test System Segment to Reach $ Million by 2032, with a % CAGR in next six years.
We surveyed the Power Semiconductor Test Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Power Semiconductor Test Systems Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Power Semiconductor Test Systems Market Segment Percentages, by Type, 2022 (%)
- Dynamic Test System
- Static Test System
- Power Module Tester (IPM, PIM)
- Power Discrete Testing System
Global Power Semiconductor Test Systems Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Power Semiconductor Test Systems Market Segment Percentages, by Application, 2022 (%)
- Automotive Industry
- Electrical Industry
- SiC and GaN Semiconductor
- Si Semiconductor
- Others
Global Power Semiconductor Test Systems Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (Units)
Global Power Semiconductor Test Systems Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Power Semiconductor Test Systems revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Power Semiconductor Test Systems revenues share in global market, 2022 (%)
- Key companies Power Semiconductor Test Systems sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Power Semiconductor Test Systems sales share in global market, 2022 (%)
key players include:
- Lemsys
- ABB
- SET GmbH
- NI
- Lorlin Test Systems
- Teradyne
- TESEC Corporation
- Advantest (CREA)
- Hitachi Energy
- SPEA S.p.A.
- Tektronix
- JUNO International
- ITEC BV
- ipTEST Ltd
- VX Instruments GmbH
- ShibaSoku
- STATEC
- PowerTECH Co., Ltd.
- Shandong Prime-rel Electronic Technology
- Unisic Technology
- Hefei Kewell Power System
- Beijing Huafeng Test & Control Technology
- POWORLD Electronic
- Hangzhou Changchuan Technology
Outline of Major Chapters:
Chapter 1: Introduces the definition of Power Semiconductor Test Systems, market overview.
Chapter 2: Global Power Semiconductor Test Systems market size in revenue and volume.
Chapter 3: Detailed analysis of Power Semiconductor Test Systems manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Power Semiconductor Test Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Power Semiconductor Test Systems capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
